B.P. Marsh & Partners (LON:BPM) Shares Cross Above 50 Day Moving Average – What’s Next?

B.P. Marsh & Partners PLC (LON:BPM)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 671.54 and traded as high as GBX 690. B.P. Marsh & Partners shares last traded at GBX 685, with a volume of 169,989 shares changing hands.

B.P. Marsh & Partners Trading Up 0.2%

The stock has a market cap of £242.24 million, a PE ratio of 2.55 and a beta of 0.71. The business has a fifty day simple moving average of GBX 671.54 and a two-hundred day simple moving average of GBX 686.55.

B.P. Marsh & Partners (LON:BPM) last released its earnings results on Tuesday, October 21st. The insurance provider reported GBX 85.70 EPS for the quarter. B.P. Marsh & Partners had a return on equity of 22.24% and a net margin of 577.55%. On average, research analysts predict that B.P. Marsh & Partners PLC will post 61.4500021 earnings per share for the current year.

About B.P. Marsh & Partners

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.